Azercosmos expands its export market

From January through May 2021, Azercosmos OJSC exported telecommunication and optical satellite services to 29 countries for $19.4 million, Report informs, citing the Export Review of the Azerbaijani Center for Analysis of Economic Reforms and Communication.

Compared to the same period in 2020, the number of buying countries has increased by three countries (11.5%), and the monetary value of the exported services went up by $0.3 million (1.6%).

Export revenues of Azercosmos accounted for 90% of its total revenues.

In May, Azercosmos exported services worth $2.5 million to 22 countries, which is six countries (37.5%) and $0.1 million (4.2%) more than in the same month of 2020.